Intel tumbles as chipmaker falls further behind in AI race

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Go back to Intel tumbles as chipmaker falls further behind in AI race

Intel (INTC) stock turnaround 'may be over' says Needham, cuts rating

January 26, 2024 8:24 AM EST

Needham & Company analysts downgraded Intel Corporation (NASDAQ: INTC) shares to Hold from Buy, citing several concerns impacting the company's performance.

Yesterdays unexpected EPS reset and headwinds in gross margin contribute to a less compelling 12-month risk-reward scenario, according to analyst Quinn Bolton.

The data center and AI group business faces... More

Intel (INTC) PT Lowered to $45 at CFRA

January 26, 2024 8:08 AM EST

CFRA analyst Angelo Zino lowered the price target on Intel (NASDAQ: INTC) to $45.00 (from $50.00) while maintaining a Hold rating.

... More